{"id":18420,"date":"2022-01-19T10:37:20","date_gmt":"2022-01-19T18:37:20","guid":{"rendered":"https:\/\/marketdepth.com\/?p=18420"},"modified":"2022-01-19T10:37:22","modified_gmt":"2022-01-19T18:37:22","slug":"splash-beverage-group-stock-rises-after-company-receives-authorization-for-187-ralphs-grocery-stores","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/splash-beverage-group-stock-rises-after-company-receives-authorization-for-187-ralphs-grocery-stores\/","title":{"rendered":"Splash Beverage Group Stock Rises After Company Receives Authorization for 187 Ralph\u2019s Grocery Stores"},"content":{"rendered":"\n

Splash Beverage Group, Inc. (NYSE: SBEV) stock jumped more than 25% Wednesday after the beverage company announced that it has received authorization to sell its Pulpoloco Sangria line in 187 of Ralph\u2019s Grocery stores. Ralph\u2019s Grocery, a division of The Kroger Company, is a market share leader with 187 stores across Southern California.<\/p>\n\n\n\n

\u201cThis is another significant milestone for Splash and a meaningful step in our strategy to expand into major supermarket chains. After a successful test run, Ralph\u2019s authorized all three SKU\u2019s of Pulpoloco white, ros\u00e9 and classic red. Ralph\u2019s already carries Splash\u2019s Copa di Vino varietals, which were added in early summer of 2021, and now all 3 Pulpoloco varietals. We believe this is a strong affirmation that consumers are catching on to the unique product lines that Splash distributes and bodes well for future expansion.\u201d<\/p>Robert Nistico, Splash Beverage Group\u2019s Chairman and CEO<\/cite><\/blockquote>\n\n\n\n

Ralph\u2019s Grocery is owned by The Kroger Co. (NYSE: KR), one of the world\u2019s major food retailers with 2750 grocery retail stores under a variety of brand names.<\/p>\n\n\n\n

\u201cAB One\u2019s coverage includes Southern California, and Ralph\u2019s confidence in them as an elite service provider in beverage distribution was a key element in our obtaining this authorization.\u201d<\/p>Robert Nistico, Splash Beverage Groups’s Chairman and CEO<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"Splash Beverage Group, Inc. (NYSE: SBEV) stock jumped more than 25% Wednesday after the beverage company announced that it has received authorization to sell its Pulpoloco Sangria line in 187 of Ralph\u2019s Grocery stores. Ralph\u2019s Grocery, a division of The Kroger Company, is a market share leader with 187 stores across Southern California. \u201cThis is… View Article<\/a>","protected":false},"author":3,"featured_media":17835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[31,17,11,12,16],"tags":[],"acf":[],"yoast_head":"\nSplash Beverage Group Stock Rises After Company Receives Authorization for 187 Ralph\u2019s Grocery Stores - MarketDepth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketdepth.com\/splash-beverage-group-stock-rises-after-company-receives-authorization-for-187-ralphs-grocery-stores\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Splash Beverage Group Stock Rises After Company Receives Authorization for 187 Ralph\u2019s Grocery Stores - MarketDepth\" \/>\n<meta property=\"og:description\" content=\"Splash Beverage Group, Inc. (NYSE: SBEV) stock jumped more than 25% Wednesday after the beverage company announced that it has received authorization to sell its Pulpoloco Sangria line in 187 of Ralph\u2019s Grocery stores. Ralph\u2019s Grocery, a division of The Kroger Company, is a market share leader with 187 stores across Southern California. \u201cThis is... 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